News

EFCC Secures Landmark Conviction Against Foreign Crypto Crime Syndicate Members

In Brief EFCC crypto convictions mark a significant anti-fraud milestone, beginning with the sentencing of two Chinese nationals linked to a foreign crime syndicate. Over 800 arrests and 146...

Solana-Powered Kenya Digital Token Gains Cabinet Support

In Brief The Kenya Digital Token ($KDT), endorsed by MICDE, uses Solana’s AI framework to onboard 55 million Kenyans into the digital economy. Public‑private collaboration...

Nigeria’s Crypto Boom: IMF Warns of FX Risks & Urges Tighter Regulation

In Brief Nigeria’s fragmented crypto regulatory framework has drawn sharp criticism from the IMF, which warns of capital flight, FX instability, and increased security...

VASP Registration in Ghana: Critical Steps Before 2025 Deadline

In Brief VASP registration is now mandatory in Ghana for all domestic and foreign crypto service providers operating in the country, with a deadline...

Inside the Expanding African Bitcoin Ecosystem

The African Bitcoin ecosystem has expanded beyond anyone's imagination, stretching from retail solutions tailored to cater for natives to education programs providing financial education...

Nigeria’s SEC and Quidax Host Powerful Blockchain Training Series

Renowned asset exchange Quidax recently collaborated with Nigeria’s Securities and Exchange Commission to host a blockchain training series at Lagos’s prestigious Capital Club. The two-day...

Flutterwave Slashes Staff in Key African Markets Amid Restructuring Drive

In Brief The Flutterwave layoffs reflect a strategic shift toward profitability, with major staff reductions in Kenya and South Africa focused on reducing costs. ...

Kenya’s VASP Bill Collapses Amid Governance and Corruption Concerns

Kenya’s recent celebrations over its recent VASP bill might have been short-lived. After the combined participation of top-tier exchanges and sit-downs to educate members of...

Eskom’s Debt Crisis Sparks Bitcoin Mining and AI Data Centre Exploration

In Brief The Eskom power strategy introduces Bitcoin mining and AI data centers as unconventional revenue streams to offset its $22.7B debt. Eskom plans...

cNGN Investments: Xend Finance’s Gateway to African Markets

In Brief cNGN investments allow Nigerians and international users to swap stablecoins and access high-yield money market funds seamlessly on-chain. By eliminating intermediaries, cNGN...

Cutting Costs in Cross-Border Commerce: Conduit’s Global Business Payments Solution

In Brief Global business settlement is evolving with stablecoins, offering speed, transparency, and cost savings over legacy banking. Conduit’s fintech platform enables real-time, cross-border...

Visa and Yellow Card Launch Africa Stablecoin Settlement: Crypto Treasury Boost

In Brief Visa crypto settlement with Yellow Card enables instant, low-cost stablecoin transactions, reducing FX risk for African businesses. Visa Direct integration allows corporations...

How South Africans Are Spending $112k Monthly Via Crypto Payments

In Brief Crypto payments in South Africa are shifting from speculation to daily utility, with over 31,000 merchants accepting digital assets. Stablecoins like USDC/USDT...

Inside Circle’s Developer Grants: African Startups Building Real-World Solutions

In Brief USDC Developer Grants provide $5K–$100K funding plus infrastructure access, empowering African teams to build stablecoin-based dApps. Grantees like Flipeet Raise, LINK, Scalex,...

BitGet & UNICEF Launch Groundbreaking Initiative to Empower Girls with Future Tech Skills

In Brief Blockchain training program by BitGet and UNICEF delivers gamified STEM and Web3 modules to 300,000 African girls, fostering inclusion. Mentorship, grants, and...

Inside Base East Africa: Startups Revolutionizing Finance and Legal Tech

Developers are the future of Africa's Web3 ecosystem. In Brief Base East Africa a growing community featuring startups like Swypt and HakiChain to address local...

BoG Alert: Avoid YellowPay and HanyPay – Ghana Crypto Regulations Update

In Brief Ghana crypto regulations now caution against the use of unlicensed VASPs like Yellow Card and HanyPay, highlighting the BoG’s commitment to formal...